A$17,000 par value, fixed coupon bond with 7 years left until maturity and a coupon that is paid semi-annually is currently trading at an annual yield of 8.481% (that is, the bond’s current yield to maturity is 8.481%).

if the price of the bond is $16,575.00, then the coupon rate is %.

a. 6.00

b. 7.00

c. 8.00

d. 9.00

e. 10.00

Which of the following explains why the government sets a required reserve ratio for private banks? a. to allow the government to control the interest rate charged on loans. b. to prevent banks from printing too much money and causing inflation. c. to make sure banks don't run out of money when customers make withdrawals. d. to enable the regulation of risk levels in the decision process of offering loans. 2b2t

What are two benefits of consumer programs

Select the correct answer. which is a benefit of planning for your future career? a.being less prepared after high school. b.having higher tuition in college. c.earning college credits in high school. d.ruining your chances of having a successful career.